Get to know the neighborhood. You can learn a lot about the character of a neighborhood just by driving around. Also consider talking to some of the neighbors about concerns such as:
How do the children routinely reach their schools, play areas and friends' homes–by walking, bicycle, bus or do parents drive them? Is public transportation available for commuting or shopping? How far away is your place of worship? Do any local ordinances affect pets, parking, lawn care or other activities? What are the disadvantages of the neighborhood? Freeway, railroad or airplane noise? Factory pollution, heavy traffic, exposure to heavy storms, possible flooding? Are there homeowners' association restrictions? Beyond talking to the neighbors, here are some additional avenues for information: Drop in on local school board, government or other open community meetings. Visit the schools. Dine and shop in local establishments. (Tip: Be sure you overhear what the locals have to say about issues of neighborhood concern.) Subscribe and read the community newspaper(s). Ask your agent, who has excellent resources to share.
Buying a home requires a lot of introspection. Use these questions as you consider what type of community you'd like to live in and be sure to share your answers with your agent:
Which type of living do you prefer? Urban Suburban, Semi-rural, Rural
Which type of population density would you prefer? Low, Medium, High
Would you prefer a community whose population is: Decreasing, Stable, Increasing
Which natural features are the most important to you? Woods, Hills, Flat land, Rivers, Lakefront, Stream Pond
How do you commute to work? Walk, Drive, Car pool, Taxi, Bus, Train
What's the distance of your commute? 0-5 miles, 6-10 miles, 11-20 miles, 20+ miles
What's the maximum amount of time you'd be willing to have for your morning commute? Less than 20 minutes, Under 30 minutes, 1 hour
Would you use available public transportation for local trips or to visit nearby communities? Yes or No
Would you like to live near public transportation? Yes or No
Where do you prefer to shop? Central commercial districts, Shopping malls, Community shops, None, I prefer home delivery
Which type of school do you need now or in the next few years? Elementary, Middle/Junior High, Senior High, Community College, College/University
Which amenities would you desire to have nearby? Recreation, Entertainment, Music, Movies, Live Theater, Sports Arenas, Museums, Nightlife, Public Parks, Private Country Clubs, Fraternal Groups
Choosing a home you can afford in a desirable location is a wise choice, both from a personal and financial perspective. Keep in mind that the neighborhood is part of what you buy when you purchase a home. Find out where the neighborhood is going – and where it's been. The property value of houses in the neighborhood can tell you a lot, as well. Ask your agent for a comparative market analysis.
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